Must-See Megayachts at 2017 Cannes Yachting Festival: With just under 500 boats and yachts ranging from five to 50 meters, the annual Cannes Yachting Festival I ne of the most popular events of the fall yachting season. This year’s show, set to take place from September 12 to 17. Here are some of the notable…
Don’t Forget These Mega Yachts at Cannes: This year’s Cannes Yachting Festival has a particularly strong line-up. Here’s the second of our three-part installment of must-see yachts. Azimut Grand 35 MetriThe Grande 35 Metri is the new flagship of Azimut. Standing above the crowd with an innovative foredeck layout that allows for a spa pool,…
Fundraising Efforts Taking Over in Irma-Ravaged Carribbean: More than a week has passed since Hurricane Irma, one of the most intense storms every recorded in the Atlantic basin, crashed through the Caribbean and the Florida Keys, leaving intense devastation in its wake. The hurricane caused significant damage to a number of superyachting hubs during its…
Permare Launches World’s First Quad-Pod Mega Yacht: Italian yacht builder Pemare has launched its flagship vessel, a 33.5-meter Amer 110 megaycht, built as a custom project for a three-time repeat client. The Amer 110 is historic in that she is the first superyacht fitted with four IPS pods for her main propulsion. Two groups of…
Roberto Cavalli Designs His Own 27m Mega Yacht: Famous Italian fashion designer Roberto Cavalli has played a part in designing his own 27-meter mega yacht named Freedom, now under construction at Cerri Cantieri Navali in Carara, Italy. Cavalli worked with Tommaso Spadolini on the design of the yacht that is expected to reach a top…
134m Fincantieri-Built Superyacht Serene Runs Aground in Red Sea: The 134m Serene has run aground in the Red Sea, 20 nautical miles east of Sharm El Sheikh, a popular Egyptian holiday resort. The vessel is reportedly bow-up on the rock and has sustained damage to her bulb-bow and hull. The hull has reportedly puncture forward…
Nerissa is Bilgin Yachts’ Latest Megayacht Launch: Bilgin Yachts have launched Nerissa, the first hull in its 156 series, which offers something slightly different while staying within the traditional tonnage that most buyers want. A smaller guest total is the primary idea behind Nerissa. Typically, yachts in the 47.5-meter range carry an average of 12…
Damen Commissions Second SeaXplorer Megayacht: Damen, in conjunction with Amels has sold its second purposed-designed seaXplorer motor yacht. The newest 75-meter version of world-class luxury expedition megayachts will be ready for cruising in the second half of 2020. Rose Damen, the shipbuilder’s commercial director, notes that the project has been designed to the owner’s exact…
Megayacht Project Jupiter Sets Sail as Al Lusail: Following a recent christening ceremony, the Lürssen megayacht formerly known as Project Jupiter has embarked on her maiden voyage from the German builder’s shipyard in Bremen. Delivered to her owner in Norway, the 123-meter vessel, now known as Al Lusail, is moored in Kristiansand, a popular stop…
Seizure of Mega Yacht Natita Raises Questions About Using Yachts as Collateral: The recent seizure of the 66-meter megayacht Natita by the U.S. branch of Goldman Sachs raise the question of whether it is wise to use superyachts as collateral to finance business operations. Goldman Sachs seized the Oceanco-built megayacht from American oil mogul William…